Craytonic

oh god did you actually post a demand curve? My poor buzzed head....

I'm not arguing for argument's sake. See ken's point - it is not a fact that 50% markup is a good markup for consumers. The problem is here, and perhaps elsewhere where you are drawing arguments, you have made a factual assertion about something that is very subjective. Obviously you had to expect to be a lightning rod on some issues after sticking your neck out there with the little white lies thread The best markup for consumers is marginal (just enough for seller to get by). This will happen if entry barriers to the market are near non-existant and... but I am off topic there is no need to get into all of that.

Yes diamonds as one extreme, single digits as another. The point is there is a very high variance in markeup. Your initial statement "Yup, it's practically nothing. In business, you want to be buying at 40%-60% of the price you're selling, plus delivery. That's standard markup in most retail industries." Is simply too broad. I believe that has become clear by now; it is not a "rule" and markup is going to vary, at least somewhat, not only from item to item but from sale to sale usually.

AM DB9

I have looked into it, you would benefit from more research. You will find mark-ups vary significantly from item to item. For instance a diamond may be something like 300%, other items may be in the single digits. Also, you may pay a 100% markup to buy a single item, but only 15% per item if you buy ten of them (the bulk discount effect). Often in such bulk purchase there is a discount from the wholesaler that is passed on to the consumer. Your broad initial statement missed many of these differences. Comparing to retail AD is not a good analogy. Not only do they have enormous brick-and-mortar costs, but they also sell on a completely different model. I don’t have the actual numbers on jewelers, but I am guessing they sell only one watch every five years or so to a repeat customer, compared to many buyers here who purchase 5-20+ a year. The point being they are closer to a costume jewelry store where people make many, smaller purchases than a single, large-purchase jewelry store. I am not saying 50% markup is not reasonable (and I am quite aware that many dealers sell watches here at much higher markups). My point is that it is in no way standard for all goods. There are many, many factors that pull both ways on any item and sale – enough to discourage such a broad sweeping statement.

I am a little curious where those numbers are coming from.... There are a number of factors that contribute to markup such as the type of good, volume, market, etc. I really don't think you can say there is a "standard" retail markup. At least not that I am aware of.

Have a good trip! Hope for new stuff when you get back

congrats

Saw a HBB black face @ lunch in NYC - West Village today! It was an asian guy, it looked great on him. Much better than it would on me. No idea if it was real or not.

Half life TFC (team fortress classic) was fun. Nothing touches golden eye 007 on my n64.... Best game of all time. Played Gears of war yesterday @ a friends house. Fun but nothing special.

Get a mac... http://www.apple.com/getamac/

Should answer the question of why people suffer silently instead of posting negative reviews.

MBW & the big bang (fug & everyone had issues w/ it)

double post, sorry.

Gentlemen, Please click the link in my signature You never know, they say it is wide open for the next angel-jay-silix rep! I would buy one with each dial

I believe the ugly new numbers are more accurate

I have the new and old rep; I think the old rep dial looks better than the gen

111h for me

True but if you are really after accuracy, you are not going to get it with an open-backed pam - you can spot the fake movements in 1/2 a second (although they have come a LONG way).

I have a small wrist and my 111h (44mm) never bothered me - although people called it a "huge" watch. I have an 050 in the mail from sash that I should get tomorrow or wed (fingers crossed). It will be my first 40mm pam so I am excited to see how it looks. It is probably easier to start smaller and work your way up - I always found the 1950 (47mm) to be just too big. I was never a fan of the 220, so I can't really add anything about its accuracy. If you go with the 050 shop around on the price, I shaved a great deal of the price for the exact same watch - Andrew has that one at a particularly high price for some odd reason compared to his other offerings. Be sure you get the 050 w/ the thinner "12" and "6" if you decide to go with it. Hope that helps!

It really depends on which watch you get, some pams are very accurate (050) and others not so much...

I was under the impression it was a real panerai movement from a 113E? Not bad idea if you can get one cheap enough...

Best I have seen. If not for the 581 on the case I would have had to look really, really hard

Good to hear this was wrapped up!

THANKS!!!